Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World’s Largest Carmakers
Roadzen (Nasdaq: RDZN) announced an MGA mandate from one of the world’s top-five carmakers to manage an insurance program in a major European market, representing more than $20 million in annual gross written premiums.
Roadzen will handle administration, claims, and payments and expects fees to contribute more than 15% of gross written premiums as recurring revenue. The program, powered by Roadzen’s Global Distribution Network platform, is planned to launch next quarter and extends the company’s embedded insurance capabilities across its existing footprint in 14 countries. Roadzen is headquartered in Burlingame, California, employs over 300 people, and trades on Nasdaq under RDZN.
Roadzen (Nasdaq: RDZN) ha annunciato una delega MGA da parte di uno dei cinque migliori produttori automobilistici al mondo per gestire un programma assicurativo in un importante mercato europeo, rappresentando più di 20 milioni di dollari di premi lordi annui.
Roadzen si occuperà di amministrazione, sinistri e pagamenti e prevede che le commissioni contribuiscano più del 15% dei premi lordi come ricavi ricorrenti. Il programma, alimentato dalla piattaforma Global Distribution Network di Roadzen, è previsto per essere lanciato il prossimo trimestre e amplia le capacità di assicurazione integrate dell'azienda nel suo raggio d'azione esistente in 14 paesi. Roadzen ha sede a Burlingame, California, impiega oltre 300 dipendenti e è quotata al Nasdaq con il simbolo RDZN.
Roadzen (Nasdaq: RDZN) anunció un mandato MGA de uno de los cinco mayores fabricantes de automóviles del mundo para gestionar un programa de seguros en un importante mercado europeo, representando más de 20 millones de dólares en primas brutas anuales.
Roadzen se encargará de la administración, reclamaciones y pagos y espera que las comisiones contribuyan más del 15% de las primas brutas como ingresos recurrentes. El programa, impulsado por la plataforma Global Distribution Network de Roadzen, está previsto que se lance el próximo trimestre y amplía las capacidades de seguros integrados de la compañía a lo largo de su huella existente en 14 países. Roadzen tiene su sede en Burlingame, California, emplea a más de 300 personas y cotiza en Nasdaq con el símbolo RDZN.
Roadzen (나스닥: RDZN)은 세계 다섯 손가락 안에 드는 자동차 제조업체 중 한 곳으로부터 MGA 위임장을 받아 유럽의 주요 시장에서 보험 프로그램을 관리합니다, 연간 순보험료가 2천만 달러 이상를 대표합니다.
Roadzen은 행정, 클레임 및 지불을 처리하며 수수료가 총 보험료의 15% 이상를 재발생 수입으로 기여할 것으로 기대합니다. 글로벌 디스트리뷰션 네트워크(Global Distribution Network) 플랫폼으로 구동되는 이 프로그램은 다음 분기에 출시될 예정이며 회사의 기존 사업 범위 내에서 14개국에 걸친 내장형 보험 역량을 확장합니다. Roadzen은 캘리포니아주 벌링엄에 본사를 두고 300명 이상을 고용하며 RDZN으로 나스닥에 상장되어 있습니다.
Roadzen (Nasdaq: RDZN) a annoncé un mandat MGA d'un des cinq plus grands constructeurs automobiles mondiaux pour gérer un programme d'assurance sur un marché européen majeur, représentant plus de 20 millions de dollars de primes brutes annuelles.
Roadzen se chargera de l'administration, des sinistres et des paiements et prévoit que les frais contribueront à plus de 15% des primes brutes en tant que revenus récurrents. Le programme, propulsé par la plateforme Global Distribution Network de Roadzen, devrait être lancé le trimestre prochain et étend les capacités d'assurance intégrée de l'entreprise à travers son empreinte existante dans 14 pays. Roadzen est basé à Burlingame, Californie, emploie plus de 300 personnes et est coté au Nasdaq sous le symbole RDZN.
Roadzen (Nasdaq: RDZN) gab eine MGA-Mandat von einem der fünf weltweit größten Autohersteller bekannt, um ein Versicherungsprogramm in einem bedeutenden europäischen Markt zu verwalten, was mehr als 20 Millionen US-Dollar Bruttoprämien pro Jahr repräsentiert.
Roadzen wird Verwaltung, Schadenbearbeitung und Zahlungen übernehmen und erwartet, dass Gebühren mehr als 15% der Bruttoprämien als wiederkehrende Einnahmen beitragen. Das Programm, angetrieben von Roadzens Global Distribution Network-Plattform, soll nächstes Quartal gestartet werden und erweitert die eingebetteten Versicherungsfähigkeiten des Unternehmens entlang seiner bestehenden Präsenz in 14 Ländern. Roadzen hat seinen Hauptsitz in Burlingame, Kalifornien, beschäftigt über 300 Personen und wird an der Nasdaq unter dem Kürzel RDZN gehandelt.
Roadzen (ناسداك: RDZN) أعلنت عن تفويض MGA من أحد أكبر خمس شركات تصنيع السيارات في العالم لإدارة برنامج تأمين في سوق أوروبي رئيسي، يمثّل أكثر من 20 مليون دولار من الأقساط المكتوبة الإجمالية سنويًا.
ستتولى Roadzen الإدارية والمطالبات والدفع، وتتوقع أن تساهم الرسوم بأكثر من 15% من الأقساط الإجمالية كإيرادات متكررة. البرنامج، المدعوم بمنصة Global Distribution Network من Roadzen، من المقرر أن يُطلق في الربع القادم ويمتد قدرات التأمين المدمجة للشركة عبر وجودها الحالي في 14 دولة. Roadzen مقره في بورلينغـام، كاليفورنيا، ويعمل بها أكثر من 300 شخص وتُتداول في ناسداك بالرمز RDZN.
Roadzen (纳斯达克: RDZN) 宣布获得全球五大汽车制造商之一的 MGA 授权，在欧洲一个重要市场管理一项保险计划，代表年度总保费超过 2000 万美元。
Roadzen 将负责行政、理赔和支付，预计费用将作为经常性收入贡献 超过15% 的毛保费。该计划由 Roadzen 的 Global Distribution Network 平台提供动力，计划在 下个季度 启动，并将公司的嵌入式保险能力扩展至其现有覆盖的 14 个国家。Roadzen 总部位于加利福尼亚州伯林格姆，雇员超过 300 人，并在纳斯达克上市，股票代码为 RDZN。
- >$20M annual gross written premiums from a single automaker
- Fees expected to be >15% of GWP as recurring revenue
- Program scheduled to launch next quarter
- Deployment via GDN platform enabling embedded policy and claims automation
- Operational footprint across 14 countries
- Revenue from the mandate is contingent on executing a definitive agreement
- Program centers on one automaker, creating client concentration risk before broader rollout
- Launch timing (next quarter) may expose near-term execution and integration risk
Insights
Roadzen won an MGA mandate covering over
As Managing General Agent, Roadzen will run administration, claims, and payments for a top-five global carmaker in a major European market, using its GDN platform to embed policy management and automated claims/payment flows. The contract represents over
Key dependencies include successful integration into the automaker’s ecosystem, compliance in the target jurisdiction, and operational execution at scale; any delay or underperformance could reduce expected fee realization. Watch for a definitive agreement, the program launch in
NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has won a mandate to act as a Managing General Agent (MGA) for one of the world’s top five carmakers, managing its insurance program to be rolled out in a major European market.
The partnership, representing over
The automaker selected Roadzen following an extensive evaluation process, reflecting confidence in the Company’s AI-driven technology, compliance standards, and operational excellence. The program, powered by Roadzen’s Global Distribution Network (GDN) platform, is expected to be launched next quarter and enables policy management, dynamic management information for claims and payments automation through an embedded digital framework seamlessly integrated into the automaker’s ecosystem.
“This partnership positions Roadzen to play an even greater role in transforming how insurance is delivered across global mobility ecosystems,” said Rohan Malhotra, Founder and CEO of Roadzen. “As vehicles become increasingly connected, and as carmakers digitize their insurance programs, our AI helps them power the full stack—from risk scoring and pricing to policy issuance and claims—now across 14 countries. We’re becoming an ideal partner to global carmakers. This is the future of auto insurance, and we’re proud to be helping shape it.”
About Roadzen Inc.
Roadzen Inc. (Nasdaq: RDZN) is a global leader in AI at the convergence of insurance and mobility. Roadzen builds technology that helps insurers, automakers, and fleets better predict and prevent risk, automate claims, and deliver seamless, embedded insurance experiences.
Thousands of clients — from the world’s leading insurers, carmakers, and fleets to dealerships and agents — use Roadzen’s technology to build new products, sell insurance, process claims, and improve road safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned recognition from Forbes, Fortune, and Financial Express as one of the world’s top AI innovators.
Headquartered in Burlingame, California, Roadzen employs more than 300 people across offices in the U.S., U.K., and India. Learn more at www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, executing a definitive agreement for the mandate described in this press release, anticipated revenue from the mandate described in this press release, anticipated benefits of our products and solutions, business growth in the U.S., U.K. and India, anticipated strategy, demand for our products, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the annual report on Form 10-K we filed with the SEC on June 26, 2025. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Investor Contacts: IR@roadzen.ai
Media Contacts: Sanya Soni sanya@roadzen.ai or media@roadzen.ai
FAQ
What size is the Roadzen (RDZN) insurance mandate announced on October 14, 2025?
How much recurring revenue does Roadzen (RDZN) expect from the new automaker MGA mandate?
When will Roadzen (RDZN) launch the automaker insurance program in Europe?
What services will Roadzen (RDZN) provide as managing general agent for the automaker?
Does the Roadzen (RDZN) announcement require a definitive agreement to be completed?
How does this mandate affect Roadzen’s global footprint stated on October 14, 2025?
